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Recovery auditing is a financial best practice that enhances your bottom line. A small margin of error can add up to millions of dollars. Connolly Consulting uses cutting-edge, proprietary technology and in-depth industry knowledge to recover the most money possible for commercial clients. Connolly integrates seamlessly with multiple payment and accounting systems with minimal interruption to your company’s resources. Money is recovered, and process improvements are recommended using Connolly’s unique auditing approach.
Resolution with Sensitivity
Maintaining relationships is an essential aspect of recovery auditing. Connolly Consulting auditors come from all levels of commercial businesses, and understand how important supplier relationships can be, and respect these ties when pursuing recoveries. Trust that Connolly’s experience will guide them to recover funds with the appropriate level of sensitivity.
Inception-to-Completion
Connolly Consulting looks closer to resolve the root cause of payment errors. A root cause analysis will improve payment processes, helping to identify contract compliance issues, duplicate payments, and other errors more efficiently. This service is part of Connolly’s process, and is vital to improving operations and reducing the amount of future inaccuracies.
Adaptability in Recovery
Flexibility makes Connolly the source for any level of recovery your company needs – be it full scope or a specialized area. Connolly’s recovery audit takes a very comprehensive unique mix of service offering that covers more than the common audit areas (as illustrated in the chart below) to recover the most money possible.
Duplicate Payments 45%
Pricing/Overcharges 12%
Rebate Agreements/
Warranties/Discounts 11%
Returns 8%
Payments to Wrong Vendor 7%
Sales & Use and Excise Tax 6%
Freight/Traffic Compliance 4%
Escheatment Avoidance 3%
Deposits Errors 3%
Payment Errors 1%
Additional Audit Areas
Ad-Hoc Requests
Adjustment Errors
Advertising Expense
Contract Compliance
Credit Memos
Internal Control Reviews
Lease Occupancy
Royalties
Statements
Meet the Auditors
 See the profiles and experience of real Connolly Consulting auditors.
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Connolly goes beyond
expectation
Beyond Expectation is a service mark of Connolly Consulting, Inc.
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